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Begin New Search Topic European Commission Publishing Institution German Council on Foreign Relations (DGAP)

1. Risky Thinking: How Scenarios Can Help the EU Bounce Back from Strategic Shock

Author:
Roderick Parkes and Mark McQuay
Publication Date:
03-2022
Content Type:
Special Report
Institution:
German Council on Foreign Relations (DGAP)
Abstract:
Since coming to power in December, the Scholz government has blundered into a series of foreseeable crises: medical shortages; reliance on Russia for gas; Ukraine’s need for robust support. France’s President Macron anticipated all three crises, giving weight to his calls for Europeans to pursue autonomy and reduce dependence on the outside world. Policy makers are now demanding scenario exercises that illustrate the obvious dangers of interdependency to back up their policy shift.
Topic:
European Union, Crisis Management, Risk, and European Commission
Political Geography:
Europe

2. Three Ideas to Improve the International Role of the ECB

Author:
Shahin Vallée and Daniela Gabor
Publication Date:
02-2021
Content Type:
Commentary and Analysis
Institution:
German Council on Foreign Relations (DGAP)
Abstract:
The ECB has been forced – in part by the COVID-19 crisis – to review its bilateral arrangements with foreign central banks. But the recent changes made by the ECB fall short of the European Commission’s ambitions to boost the international role of the euro. We suggest the ECB should put in place an alternative three-pillar framework to improve the international role of the ECB and cement its pivotal role in the international financial system.
Topic:
European Union, Banks, International System, and European Commission
Political Geography:
Europe